- NetCents Technologies has recently announced that it will add the United States to the list of the countries involved in the cryptocurrency credit card program.
- NetCents Technologies is one of the biggest Canadian online payment services found in 2006.
- The company has integrated into User Wallets, NC Exchange, and Instant Settlements prior to its launch.
The Canada based firm NetCents Technologies has recently announced that it will add the United States to the list of the countries involved in the cryptocurrency credit card program. NetCents Technologies is one of the biggest Canadian online payment services found in 2006. The main aim of the firm is the management of online payments by providing a number of payment services across its platform.
Netcents Crypto Card Service is a bridge between Digital assets and merchants
The CEO of NetCents Technologies, Clayton Moore has said that the current crypto credit card program will help in building a smooth bridge between the $200 billion worth digital assets and the investors who use credit cards. The NetCents Card users will not have to pre-load their cash, just like any typical crypto cards available. But, when a user spends cryptocurrencies, the amount would be directly decreased from his NetCent account. Normally this is how a debit card works.
The company has integrated into User Wallets, NC Exchange, and Instant Settlements prior to its launch. NetCents had tested the service with many real-world scenarios and extreme cases before finally launching it in the market.
What would adding the US to its current program signify?
There are many US investors who have a keen interest in the upcoming developments of this Canadian cryptocurrency card program and launching the service in the US will help the firm to take advantage of this fact. In addition, this would help NetCents’s efficiency of technical development as well as management and prioritize the launch of the program. The company expects that by the inclusion of the US in the program the use of this crypto card will increase by ten times.
The NetCent crypto cards users allowed to choose up to three cryptocurrencies to spend. Moreover, the recent technology developed by NetCents will enable the users to transfer multiple cryptocurrencies in a single transaction. Notably, NetCents has partnered with VISA for payment settlement, and hence millions of merchants using VISA will be able to use the service.
NetCents Used the Merchant Instant Settlement Technology
NetCents has implemented the merchant Instant Settlement technology which facilitates easy conversion of their funds from cryptocurrency to fiat currency for easier merchant payments. The users are free to spend their cryptocurrency wherever their Visa approved. Moore in a statement said that they intend to finish the development works as soon as possible and launch their breakthrough final products in the market.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.